Mark Zuckerberg to bring overall net good to US or any part of the world? By using people's private information without their consent? I simply don't think so. Mark has proven time and again to be a shady fellow and therefore deserves no trust. Besides, I've not seen him show support for any of the public blockchain networks, which is a big red flag - No way would he support a decentralized endeavor. It wouldn't make sense to him as Facebook chairman.
Because it is a Facebook project. – Facebook-led project haha. Other members will have a say too.
Facebook hurt society. I am sure libra will do the same. – Can’t disagree here. It certainly has a questionable track record. 🙈
on the whole i think facebook's libra will be good for the crypto industry. it will bring more awareness & adoption of blockchain. in the end people will be free to choose between libra & other crypto available in the market. the eco system will benefit a lot. – I agree.
The only good thing I see is that it will bring attention to crypto – It might be the mainstream’s foray into cryptocurrencies. 😄
maybe they can or not but for facebook to dominate it'll need to do what no other stablecoin is doing... – That member association would certainly have the firepower to do so. 😂
I don’t trust facebook - Understandable, given the track record.
What happened to this news letter, I’m a sad boy but I still check every day, sponsor I know, 👌we still cool though 👍🏻 – Lol, we’ve been running ads for the longest time! We didn’t sell out (:
At least it will bring more awareness and potentially some credibility to the crypto world. – I believe it already has. 😄
Fakebook cannot be trusted. – Thing is the Libra Association will be run by all other member companies though. Fakebook lolol.
Promote block chain ledger awareness, pave the way for a true distributed ledger payments system. – Hopefully! 🙏🏻
Privacy concerns. but the short answer is yes, will show the future as digital, however, just replacing the central bank with a privately owned company, may just be the same monster in a different cloak. Going back, to what happened with data collections and the US election thing, FB screams caution in my head. But what the want to do, bigger picture, it looks good on paper. - Yeah, on paper haha. It's very well marketed though, saying that it's to help the unbanked. The house grilled him ytd and asked him what prior initiatives has he undertaken for civil rights - He couldn't answer 😂.